just answer the second question E 3-8 dont do the first one

31 The Role of Accounting in Business Identify each of the following items as (a) an asset, (b) a liability, (c) revenue, (d) an expense, or (e) a dividend: nt items 7. Note payable owed to the bank 8. Rent paid for the month 9. Sales commissions paid to salespersons 10. Wages paid to employees 1. Amounts due from customers 2. Amounts owed vendors 3. Cash on hand 4. Cash paid to stockholders 5. Cash sales 6. Equipment Answer each of the following independent questions concerning supplies and the adjustment for supplies. (a)) The balance in the supplies account, before adjustment at the end of the year, is $3,175. What is the amount of the adjust- ment if the amount of supplies on hand at the end of the year is $925? (b)/The supplies account has a balance of $600, and the supplies expense account has a balance of $1,850 at December 31, 2011. If 201l was the first year of operations, what was the amount of supplies purchased during the year? E3-8 Adjustment for supplies Obj 3 a. $2,250